Northwestern Mutual Wealth Management Co. raised its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 9,295.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 62,577 shares of the company’s stock after purchasing an additional 61,911 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Choice Hotels International were worth $5,961,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new position in Choice Hotels International during the 4th quarter valued at about $28,000. Quarry LP purchased a new position in Choice Hotels International during the 3rd quarter valued at about $38,000. Fifth Third Bancorp increased its holdings in Choice Hotels International by 77.4% during the 4th quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after acquiring an additional 171 shares in the last quarter. Bayforest Capital Ltd purchased a new position in Choice Hotels International during the 4th quarter valued at about $42,000. Finally, Signaturefd LLC increased its holdings in Choice Hotels International by 82.2% during the 4th quarter. Signaturefd LLC now owns 523 shares of the company’s stock valued at $50,000 after acquiring an additional 236 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Choice Hotels International
In related news, CFO Scott E. Oaksmith sold 1,603 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $100.00, for a total value of $160,300.00. Following the completion of the sale, the chief financial officer directly owned 37,172 shares in the company, valued at approximately $3,717,200. The trade was a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.78% of the stock is currently owned by company insiders.
Choice Hotels International Stock Performance
Choice Hotels International (NYSE:CHH – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). The firm had revenue of $340.58 million for the quarter, compared to analysts’ expectations of $333.48 million. Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.34 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, equities analysts anticipate that Choice Hotels International, Inc. will post 7.13 earnings per share for the current year.
Choice Hotels International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.0%. Choice Hotels International’s payout ratio is 15.50%.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Robert W. Baird set a $128.00 target price on shares of Choice Hotels International in a report on Monday, May 11th. Wells Fargo & Company raised their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft set a $114.00 price target on shares of Choice Hotels International in a report on Monday, May 4th. Truist Financial lifted their price target on shares of Choice Hotels International from $126.00 to $129.00 and gave the stock a “buy” rating in a report on Thursday, March 26th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $111.75.
View Our Latest Research Report on CHH
About Choice Hotels International
Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.
Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.
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